Nouveau Monde Graphite signs agreement with Olin for purification pilot plant

Nouveau Monde Graphite signed a five-year agreement with Olin Corporation on October 26, 2020, for commercial space and services at Olin's Bécancour, Québec facility. Nouveau Monde will construct two pilot commercial-scale purification furnaces with a nameplate capacity of 1,500 tonnes of purified battery-grade graphite per year, slated for H2 2021.

“Nouveau Monde signed on October 26, 2020 an agreement with Olin, one of the world's leading chemical companies, for commercial space and to provide chemical supply and site services.”globenewswire.com

• 2 sources
• globenewswire.comNouveau Monde Announces Significant Milestone toNouveau Monde Graphite Inc.Oct 27, 2020
• globenewswire.comNouveau Monde Announces Significant Milestone toNouveau Monde Graphite Inc.Oct 27, 2020

Summarized from public sources; check the original articles before acting on it.